NCUA Webinar: Small Dollar Lending (4/16/2014)
Credit unions can learn how consumer-friendly, low-cost short-term loans can be part of their product mix during a free webinar, “Small Dollar Lending,” offered ...
Farming While Black: African Diasporic Wisdom for Farming and Food Justice
Author, activist, and farmer Leah Penniman discusses the movement for food sovereignty and building a food system based on justice, dignity, and abundance ...
Allotment Loans for Federal Employees in South Carolina
Installment loans for federal employees and postal workers are typical for bad credit borrowers. Installment contracts are close-ended.
Close-ended means that the contract has a specific repayment term with fixed periodic payments.
Installment loans come in many forms, but only those with very short repayment terms fit bad credit borrowers. Short terms limit risks for lenders.
Following the 2-minutes application process and uploading your proof of allotment, it takes in average 15 minutes. If you submit the document after the close of business, allow us 30 minutes in the following morning to review your case.
Federal government employees can access allotment loans on the most favorable terms on average (interest rates, origination fees, and use of discretionary deductions). Your future earnings and job security are far better when compared to the typical borrower.
Can federal employees get loans?
Federal employees receive various benefits in the event of a family emergency or crisis. One such benefit is the emergency allotment loan that the Federal Employee Education and Assistance Fund provide.
Installment loans for federal government employees, receive your loan in < 2 business days. Easy repayment plan through payroll allotment, no min credit.
Why BMG Money is the best option? At BMG Money we help federal government employees including postal service employees deal with unexpected expenses through our LoansForFeds program- an allotment loan program where bad credit history is not a problem and funds are deposited quickly and conveniently via ACH.
Being a federal employee has its benefits. However, as of now, the federal government does not provide guaranteed personal loans especially for federal employees.
1922-A Implementation of the Financial Institutions Reforms, Recovery and Enforcement Act (FIRREA) of 1989: PDF: DOC: 1922-B Appraisal of Real Estate Security for Rental, Cooperative, and Labor Housing Loans and Grants